A group of senators sent a letter to Synchrony and Wells Fargo about their credit cards designed for medical expenses.
We all know that 2023 will be the year of retail media, social commerce, and lingering economic uncertainty. But here are some more targeted possibilities for the year ahead.
The tight jobs market shows few signs of loosening: Workers still have their pick of jobs, which could drive wage growth and keep inflation high in 2023.
Amazon could be forced to take a more active role in policing sales of counterfeit and stolen products: A new ruling in the EU could hold the retailer responsible for trademark infringements by sellers on its platform.
Hong Kong’s November retail sales fell unexpectedly as COVID-19 controls loosened: Pent-up demand for travel and difficult economic conditions are driving a shift in consumer spending.
Bed Bath & Beyond nears bankruptcy: The retailer says inventory challenges and slowing foot traffic are forcing it to consider options for restructuring, including bankruptcy.
Discounts shattered records during the 2022 holiday season: Those deals helped retailers sustain discretionary spending throughout November and December, despite a challenging economic climate.
Conagra boosts its outlook: Higher prices and a shift in its product mix are why the company expects annual sales to rise between 7% and 8% for fiscal 2023.
Fintech stocks and indices underperformed broader financial services and technology stocks last year—here’s why that matters.
2023 may present challenges for UK merchants: With more price rises expected, spending will come under increasing pressure. But there may be opportunities across the sector for savvy retailers.
Saving money is a priority for consumers in 2023: Shoppers plan to cut back on unnecessary purchases in anticipation of difficult economic circumstances.
It doesn’t take a CPGenius to understand that consumer packaged goods (CPG) have gone digital. “Winning at the digital shelf is more critical than ever” for CPG brands, according to our analyst Andrew Lipsman. Here are five charts on what retailers, marketers, and logistics professionals need to know about CPG.
Can a new service help Shopify attract more enterprise retailers? Commerce Components by Shopify allows large retailers to integrate Shopify’s tools and services into their online platforms.
Social buyer penetration is climbing rapidly at TikTok. In the US, the app has already outpaced Pinterest by this metric, per our forecast. By the end of 2023, it will beat Instagram and tie with Facebook.